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Nov 2, 2012
11/12
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. >>> take a look at shares of verizon, the stock is trading lower. there are just a few points hitting on the headlines here. one says that verizon is saying the impact of sandy fourth quarter could be significant. i'm not sure where those hits are coming from. there are wire flashes but i've not seen a press release. thank you. i'm talking to verizon right now, the spokesman, telling us this is out. what else can you it tell us? >> you just got a dropped call. >> okay. but the sandy impact could be significant for the fourth quarter. peter, thank you. >> i'm glad you didn't have a dropped call during that from verizon. >>> let's get back to our guest host, mark, you get the last word. you said something during the break, the idea you think the next couple of months -- >> the next 3- months. i'm really nervous. we have big fiscal issues we are not going to nail down without some brinksmanship. we're on the same page. >> all the
. >>> take a look at shares of verizon, the stock is trading lower. there are just a few points hitting on the headlines here. one says that verizon is saying the impact of sandy fourth quarter could be significant. i'm not sure where those hits are coming from. there are wire flashes but i've not seen a press release. thank you. i'm talking to verizon right now, the spokesman, telling us this is out. what else can you it tell us? >> you just got a dropped call. >> okay....
205
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Oct 31, 2012
10/12
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CNBC
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two of the big downtown stations for verizon have been damaged. what are they doing to make sure that's working? >> they're working around the clock. they are going to try to get that open today. we have other ways to getting on this thing. creative ways down here, believe me. we can figure it out. >> neil, thank you very much. one of the things they have done here that's very creative is they have raised the threshold for the auto execution for the designated market makers. these are guys that used to be called specialist. under certain circumstance, they could auto open a stock. they could allow the computer to open it without their physical intervention. normally they have to press a button to begin trading during the day. physically key in the open. they have raised the threshold for that to allow bigger stocks to open automatically. what that means, folks, very simply, is that it will be a quicker open and even their hope of course of more simple, quieter open. back to you. >> thank you. for viewers who are wondering whether or not the shot i
two of the big downtown stations for verizon have been damaged. what are they doing to make sure that's working? >> they're working around the clock. they are going to try to get that open today. we have other ways to getting on this thing. creative ways down here, believe me. we can figure it out. >> neil, thank you very much. one of the things they have done here that's very creative is they have raised the threshold for the auto execution for the designated market makers. these...
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Oct 31, 2012
10/12
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. >> you mentioned the main data center you thought was working fine, but verizon had some damage, some of the people on the floor, of course, use cell phones to communicate with their offices, that's pretty spotty right now. what are you doing to make sure that's going to be functional? >> the cell phone usage is spotty for all of us in lower manhattan right now. also some of the internet connections are slow. so if people use that for their data feeds, that's slow. we've been giving each of the brokers one of our own lines to make incoming or outgoing calls. you've got internet, so i think we're trying to cover them with as much phone and data help we can to help them run their business from down here and i'll give you another update right after the opening, okay? we'll see you then. >> thank you very much. >> guys, i think the most important thing is the connectivity issue is the primary concern they've got. duncan said that to me many times. they want to make sure the main data center is working. you heard from him, it is. the concern is that act says to the verizon because the subs
. >> you mentioned the main data center you thought was working fine, but verizon had some damage, some of the people on the floor, of course, use cell phones to communicate with their offices, that's pretty spotty right now. what are you doing to make sure that's going to be functional? >> the cell phone usage is spotty for all of us in lower manhattan right now. also some of the internet connections are slow. so if people use that for their data feeds, that's slow. we've been...
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Oct 30, 2012
10/12
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this is in a sense a verizon issue, got to make sure, and that's one of the things, probably the single most important thing right now. they have to be able to test and make sure they can get in and out all the data feeds. they have been testing the backup generators. they functioned beautifully overnight. you saw the red, white and blue at the entrance there with the columns working very well, fuel is there. they got to make sure that people can get there. hopefully, and there's some hopeful signs, that the brujs and tunnels will be open. again, they do not need the subways open. they have lists. they have about 200 people at the new york stock exchange for the floor to open, lists of how to carpool people in. any damage in to the facilities outside of the area that might be important, the building itself i am told is fine, but there may be some other outside buildings that may be important that they have to check out, and finally, in the event that there's an issue testing the backup plan. >> all right. with all that in mind we take to you new york city mayor mike bloomberg. >> hurric
this is in a sense a verizon issue, got to make sure, and that's one of the things, probably the single most important thing right now. they have to be able to test and make sure they can get in and out all the data feeds. they have been testing the backup generators. they functioned beautifully overnight. you saw the red, white and blue at the entrance there with the columns working very well, fuel is there. they got to make sure that people can get there. hopefully, and there's some hopeful...
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Oct 30, 2012
10/12
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but verizon was working. so you could get high speed internet. >> that defeats the purpose, you go to the hotel and it has no power. what floor were you on? >> 14th floor. but the operators did operate. i did walk up and down a couple times, but -- they had backup power. >> don't trust the backup power. >> and we had a fire alarm at 1:00 a.m., 12:30. so a long evening. >> hearing the trees all around and you don't know when one is -- last time one hit my house. >> i know. >> you worry about all the people that are out there. >> you worry about where you park your car. first i had them huddled in front toying and i'm like why am i putting them right next to each other? so then i spread them out. >> anyway, it is a situation we are still waiting to see how much damage is out there waiting for first light this morning to get a better assessment of things. when we come back -- >> did you hear what the hair tweeted? joe kernen's hair? joe kernen's hair one, sandy zero. should i retweet that? i might retweet that.
but verizon was working. so you could get high speed internet. >> that defeats the purpose, you go to the hotel and it has no power. what floor were you on? >> 14th floor. but the operators did operate. i did walk up and down a couple times, but -- they had backup power. >> don't trust the backup power. >> and we had a fire alarm at 1:00 a.m., 12:30. so a long evening. >> hearing the trees all around and you don't know when one is -- last time one hit my house....